Not 1/10 of gold. Only .24 purity, in this 1/10 oz. Piece, so is approx. 1/40 of an oz. Of gold. Be Careful when buying bullion !!!
If you think "tribute coins" can be deceptive, check out "tribute currency": https://www.ebay.com/b/Replica-Reproduction-US-Paper-Money/162140/bn_2313657
I'd buy it in a heartbeat... if I could get it far enough below melt. Melt value today for .024 ozt of gold is about $36. I'd go $25 for this, but probably not $30.
If you compare the piece to an actual mint product, they are not identical. the Legends and the date switch sides and the devices are a poor rendition of Fraser's original. As long as these "collectables" don't reach the level of the Von Nothaus liberty dollars, the gov't will probably remain unconcerned.
These are tribute coins and no more than trinket's, .24 Gold plated. Don"t be Fooled they also advertise Morgan and other coins @ BU. UNC. but no more than cull. BEWARE
Right here: https://www.usmint.gov/policies/terms-of-use It appears that sometimes the coin designer copyrights the design and assigns the rights to the mint, so it is not just the Sac that has copyright protection.
You may be looking at it from your point of view. The uneducated person might think differently. I say borderline.
Exactly. Back in the mid-1980's there was a company advertising by mail a two-medal set, one was described as .999 fine silver, the other as .99% gold, or literally less than one percent gold. The picture showed them as the same size, so obviously the "gold" one was just the silver one with a heavy gold plating. The price was basically the price of one ounce of gold, implying it was solid gold but not actually saying so. I tried to take it to the Chicago Postal Inspector to complain, but they said that I could not file a complaint unless I had bought one and been defrauded. Screw that. A few years later somebody came into the coin shop with a set to sell. I did a specific gravity test on the "gold" one in front of him to prove that it was just silver, and he said "But I thought it was gold!" He and his wife left very disappointed.
No one has commented on potential collector value. After the fact that they have no numismatic or content value, could these ever be recognized in the future and has anyone ever seen a similar "marketed product" become desirable?